The Central Bank of Nigeria (CBN) has placed limits on foreign exchange (FX) sales by Bureau De Change (BDC) operators. The apex made this known in...
The Central Bank of Nigeria (CBN) has said sellers of Foreign Exchange of $10,000 and above to Bureau De Change (BDC) operators must declare the source...
The Central Bank of Nigeria (CBN) has been directed by the Federal High Court in Abuja to compensate Martin Gegenheimer, a German national, with the amounts...
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has urged Nigerians to be patient with the apex bank as it is doing everything...
The 10th Senate under the leadership of Godswill Akpabio, on Thursday confirmed the appointment of 12 persons as members of the Monetary Policy Committee of the...
The Central Bank of Nigeria (CBN), on behalf of the Federal Government, has again increased the exchange rate for cargo clearance to ₦1,605 per Dollar. Naija...
The student loans program is ready to launch following the inaugural meeting of the special committee overseeing the Nigerian Education Loan Fund (NELFUND). Naija News understands...
Nigeria’s local currency, the naira, has plummeted to a new low, now trading above 2,000 naira against the Great Britain Pound in the parallel market. This...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said his job is the second most difficult in the world. Cardoso made the...
The President of the Nigerian Senate, Godswill Akpabio, has accused a former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, of committing so many...
The Olu of Owode in Obafemi/Owode Local Government of Ogun State, Oba Kolawole Sowemimo, has confirmed his two-month suspension without salaries by the Egba Traditional Council....
Despite all measures taken recently by the Central Bank of Nigeria (CBN), the country’s currency, Naira, depreciated by N40 against the US Dollar, whereas the British...
In a continuing downturn, the Nigerian currency, Naira plunged further, exchanging at ₦1,600 to a dollar at the parallel market, according to the latest findings by...
In a slight upturn at the Nigerian Autonomous Foreign Exchange Market, the naira appreciated against the United States dollar, closing at ₦1,498.25/$ on Thursday, up from...
The Central Bank of Nigeria (CBN) has prohibited the use of cash as Personal Travel Allowance (PTA) and Basic Travel Allowance (BTA). According to the CBN,...
The Central Bank of Nigeria (CBN) has issued a notice, dated February 14, 2024, informing international oil companies that they are no longer permitted to repatriate...
The House of Representatives‘ Public Accounts Committee has announced plans to sanction Ministries, Departments, and Agencies (MDAs) of the Nigerian government for breaches of the Treasury...
The trio of Odoh Eric Ocheme, Adamu Abubakar and Imam Abubakar reportedly conspired to forge former President Muhammadu Buhari‘s signature to siphon over six million US...
President Bola Tinubu has asked the Senate to confirm five people as Directors of the Board of the Central Bank of Nigeria (CBN). Naija News reports...
The Nigerian currency, the Naira, plummeted to an unprecedented low against the US dollar, reaching ₦1,534/$ in the official Nigerian Autonomous Foreign Exchange Market on Monday,...